Getting your home ready to sell can take time and effort.
Your property may need renovations and redecorations. And you may need to try out more than one estate agent.
Read on to learn why your home in Scarborough might not be selling, the current property trends in the town, and how We Buy Any Home can help you.
Reasons why your house might not be selling in Scarborough
Overpricing
Overpricing your property could deter potential buyers.
This is especially true during tough economic times when many lower their budget or seek more affordable options.
You need to redecorate
Most people want to buy a home they can envision living in. Personalised decor or bright-coloured walls, for example, could put them off.
Consider redecorating with a more neutral colour palette to boost buyability.
You need to renovate
Buyers often prefer or need properties ready to be moved into, so outdated features or significant repairs might turn them away.
Consider focusing on essential updates that will provide the most value, such as modernising the kitchen or bathrooms, updating flooring, or addressing structural issues.
Your property has no ‘curb appeal’
Curb appeal refers to how your house looks from the road. Homes with no curb appeal are typically more challenging to sell.
Increasing curb appeal can be inexpensive. Some pretty pansies, a fresh coat of paint, or even just keeping a clean and tidy front garden all help a lot.
Poor marketing
Poor marketing efforts by your estate agents could also contribute to your property not receiving the attention it deserves.
Consider discussing your marketing strategy with your estate agent or exploring other ways to market your home to potential buyers.
Scarborough property trends
House prices in Scarborough are on a solid upward trajectory, making it a great time to invest in the market.
According to Land Registry data, over the last five years, house prices have increased by an average of 34.58% and 5.41% year-on-year.
Average time to sell in Scarborough
Read on to learn how long it takes to sell the average property in Scarborough.
Of course, this number might vary according to several factors. One of these is whether a property is in a less or more expensive area in Scarborough.
However, this data still gives a useful overview of the town’s property costs.
Terraced homes
According to Righmove, terraced homes in Scarborough sell for an average of £197,915.
You can usually sell a terraced home in an average of 106 days, but this can vary depending on various factors, including:
- The property’s condition
- Current market conditions
- The effectiveness of your selling strategy
Semi-detached homes
Semi-detached homes are one of the most popular types of property in Scarborough. Most sell in an average of 93 days.
This is the quickest selling time for all types of Scarborough properties.
The average selling price is £227,802.
Detached homes
Detached homes in Scarborough may take longer to sell, averaging around 164 days on the market.
Good things come to those who wait, right?
And with an average selling price of £368,997, these properties are worth the wait for the right buyer.
Flats
Flats in Scarborough are also a popular option for property investors or first-time buyers.
They offer their own unique charm and convenience and are often sought after for their affordability, low-maintenance requirements, and convenient locations.
While the selling time for flats can vary, you can typically expect them to be on the market for around 183 days and sell for an average of £174,684.
How We Buy Any Home can help sellers
At We Buy Any Home, we understand that selling your home can be a big decision, and we’re here to make the process as smooth and stress-free as possible.
Whether you’re eager to sell your Scarborough house quickly or ready to start the exciting journey of finding your new seaside abode, we’ve got you covered!
As the UK’s largest cash home-buying company, we have the resources and expertise to make you a competitive cash offer on your home today.
With a cash offer, there’s no need to wait for external funding or deal with the hassle of bridging loans. Nor is there a need for stressful property viewings, endless staging, or conducting expensive renovations.
In short, we’re ready to make a swift and hassle-free transaction.
We’ll buy your home in as-is condition and handle all the details so you can focus on what matters most to you.
So, why wait? Let’s quickly and smoothly sell your Scarborough property. Reach out to us today, and let’s make your property dreams a reality!